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. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you.
. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from...
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Apr 16, 2013
04/13
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wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." "bbc world news america "reporting from washington. the white house says yesterday's bombing does not seem to be part of a broader plot. >> this was a heinous and cowardly act. given what we now know about what took place, the fbi is investigating it as an act of terrorism. >> but who did this and why is still a mystery. authorities are asking the public to hand in any photos or video recordings. amid tight security, london prepares for the funeral of margaret thatcher. but first, there is still one last stop at westminster. welcome to our viewers on public television in america and around the globe. we will go to the end of the earth to identify those r
wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." "bbc world news america "reporting from...
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Apr 18, 2013
04/13
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the dax has been driven sharply down on concerns about the state of the economy. other people are talking about technical reactions, but also the numbers from the usa are not as good anymore. bank of america reported results that have been far on next -- under expectations. >> we will stay in frankfurt for a closer look at the numbers. the dax -- it is down by more than 2.3%. the euro stoxx 50 is down by more than 2%. across the atlantic, things there are also down in negative territory. the euro is drifting lower against the greenback, trading at a value of 1.3044. >> the british retailer tesco, the world's third-largest, says it is pulling out of the u.s. market. profits fell for the first time in 20 years. >> empathy says it wants it wants to refocus on its british operations ash the company says it wants to refocus on its british operations -- the company says it wants to refocus on its british operations. >> millions of germans were disappointed today when they went to get their mail and, lo and behold, the letterboxes were empty. no holiday postcards from
the dax has been driven sharply down on concerns about the state of the economy. other people are talking about technical reactions, but also the numbers from the usa are not as good anymore. bank of america reported results that have been far on next -- under expectations. >> we will stay in frankfurt for a closer look at the numbers. the dax -- it is down by more than 2.3%. the euro stoxx 50 is down by more than 2%. across the atlantic, things there are also down in negative territory....
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. >> this is what a personal economy looks like. as life changes, fidelity can help you readjust your investments along the way, refocus as careers change and kids head off to college, and revisit your plan as retirement gets closer. wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." "bbc world news america "reporting from washington. the white house says yesterday's bombing does not seem to be part of a broader plot. >> this was a heinous and cowardly act. given what we now know about what took place, the fbi is investigating it as an act of terrorism. >> but who did this and why is still a mystery. authorities are asking the public to hand in any photos or video rec
. >> this is what a personal economy looks like. as life changes, fidelity can help you readjust your investments along the way, refocus as careers change and kids head off to college, and revisit your plan as retirement gets closer. wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you...
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Apr 17, 2013
04/13
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economy will expand by a slightly smaller 1.9% while eurozone economies will swing slightly. >>> car ownership comes with its own expenses, and it's a lot more than you probably realize. a new report out by aaa found that owning an average sedan will drain you over a thousand when you factor in gas, main tense, and tires. that cost is up about 2% from last year mostly because of an 11% surge in maintenance costs. anne-marie? >> erica ferrari here in new york. thanks, erica. >>> straight ahead, your morning weather. plus, in sports, the voice of the nfl goes silent. we will remember legendary broadcaster pat summerall. legendary broadcaster pat summerall. want to give your family more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. or lasts longer. and we saved a bunch using our
economy will expand by a slightly smaller 1.9% while eurozone economies will swing slightly. >>> car ownership comes with its own expenses, and it's a lot more than you probably realize. a new report out by aaa found that owning an average sedan will drain you over a thousand when you factor in gas, main tense, and tires. that cost is up about 2% from last year mostly because of an 11% surge in maintenance costs. anne-marie? >> erica ferrari here in new york. thanks, erica....
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thatcher's performance while she was in power while have a policy is really liberalize the british economy it also a great deal of harm as some see it anyway to britain's manufacturing sector and that was concentrated in particular parts of the country as you mentioned the miners it wasn't just the miners it was also people who worked in steel and shipbuilding etc and there's a great deal of resentment in those parts of the country that the economic restructuring that took place took place if you like at their cost and those areas have never really recovered so there are a. number of people i think you think that she left them really with nothing while large parts of the country in the southeast in particular in london in particular the city of london if you like did very well so there's a kind of us of then feel about it discussing thatcher's impact our prime minister cameron said quote we are all thatcherites now what do you what do you think he meant by that i think he meant really that if you look at the way that britain is run these days in the way the economy works in particular it's
thatcher's performance while she was in power while have a policy is really liberalize the british economy it also a great deal of harm as some see it anyway to britain's manufacturing sector and that was concentrated in particular parts of the country as you mentioned the miners it wasn't just the miners it was also people who worked in steel and shipbuilding etc and there's a great deal of resentment in those parts of the country that the economic restructuring that took place took place if...
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Apr 22, 2013
04/13
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>> the deficit is how our economy sucks. >> next question. >> i'm pretty sure it has to do with the economy and the government. >> lack of something. >> the debt. >> the deficit is the debt in our country. >> it is debt that is owed to other countries that we can't pay. >> i really have no idea what the deficit is. >> although much of the younger generation is unaware of what exactly the deficit is, the issue is still an enormous factor in the nation, economy, and our future. >> dear mr. president, in order for the united states to continue sustaining the life of freedom and liberty, amending the growing deficit and debt shou issue to consider in your presidential term. >> at the moment, our future is constantly on our minds. from school to extracurriculars like athletics and art most of what we do is part of our preparation for a better future. it is important to us. >> in the united states, the economy is a significant part of our society. buying, selling, trading, borrowing, and using money to fuel economic growth locally and nationally. it eventually leads us to stability and prosperity
>> the deficit is how our economy sucks. >> next question. >> i'm pretty sure it has to do with the economy and the government. >> lack of something. >> the debt. >> the deficit is the debt in our country. >> it is debt that is owed to other countries that we can't pay. >> i really have no idea what the deficit is. >> although much of the younger generation is unaware of what exactly the deficit is, the issue is still an enormous factor in...
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Apr 17, 2013
04/13
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one analyst said investors should expect more volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners return to the bay area today including an 80-year-old former mayor of santa cruz. they say they are stunned of how quickly the celebration turned to carnage. jana katsuyama shares some of their stories tonight. >> reporter: after all the worry, now the wait. at sfo today family and friends search for familiar faces returning from boston. ashley french ran the marathon last year and had a friend there last year when the bomb exploded. relieved today that that friend finally came home. passengers said heightened security was visible. >> i did notice police with their guns like ready. which you don't normally see. >> re
one analyst said investors should expect more volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners...
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Apr 17, 2013
04/13
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one analyst said investors should expect more volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners return to the bay area today including an 80-year-old former mayor of santa cruz. they say they are stunned of how quickly the celebration turned to carnage. jana katsuyama shares some of their stories tonight. >> reporter: after all the worry, now the wait. at sfo today family and friends search for familiar faces returning from boston. ashley french ran the marathon last year and had a friend there last year when the bomb exploded. relieved today that that friend finally came home. passengers said heightened security was visible. >> i did notice police with their guns like ready. which you don't normally see. >> re
one analyst said investors should expect more volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners...
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Apr 21, 2013
04/13
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economy relies. we must strengthen recovery in the event of a biological attack, which is still the most worrying threat out there. we need to make sure that the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it's easy to react out of fear, emotion and anger. let's hope that in boston this week we begin to chart a different course. for more on this, you can read my column in a special edition of "time" magazine on the tragedy in boston. let's get started. >>> joining me now the man who runs the biggest police force in america and one of the country's best intelligence divisions, ray kelly, the commissioner of new york. what do you have to tell us in the aftermath of this? is there a heightened sense of danger? are you seeing threats proliferate? >> no, we haven't seen an increase in threats, but our operating assumption is that we're always at risk. we're a city that
economy relies. we must strengthen recovery in the event of a biological attack, which is still the most worrying threat out there. we need to make sure that the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it's easy to react out of fear, emotion and anger. let's hope that in boston this week we begin to chart a different course. for more on this, you can...
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is more optimistic about russia's economy than the russian government the minister of a couple of big development on trade below stuff has slashed russia's growth forecast to turn a half percent and that that the country's economy may be on track to take in the world so with this in mind prime minister better today face a tough who do have to address russia's forward house of parliament the state duma he describes the current state of the economy as long as he pointed out russian war deployments that the budget deficit but that did not impress cause the country's opposition to the prime minister was real about what his government is doing to address corruption capital flight and the oil dependency but that it defended the government's policy and described the opposition criticism as constructive it was on top of the line the government's commitment to a recently i don't to the fiscal rule that faces government spending on the long term average oil price caps the budget deficit one per cent of g.d.p. . but on the last slip in this rule is especially important in a period when other cou
is more optimistic about russia's economy than the russian government the minister of a couple of big development on trade below stuff has slashed russia's growth forecast to turn a half percent and that that the country's economy may be on track to take in the world so with this in mind prime minister better today face a tough who do have to address russia's forward house of parliament the state duma he describes the current state of the economy as long as he pointed out russian war...
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find out what's really happening to the global economy. there are no holds barred look at the global financial headlines in two kinds a report on. it. klug. the good speech. she gave. her. mother will please. please. please please good. luck. to. get her. out of line i mean very little. battling for supremacy venezuela's new president elect nicolas maduro and his opposition rival look caught in a deadlock of mutual accusations as post election violence leaves at least seven people dead. and no claims of responsibility for the boston bombing as investigators race to want to rival the worst terror. attack in the u.s. since nine eleven. the u.s. military reveals two detainees at guantanamo bay recently tried to kill themselves in protest at indefinite detention but the mass hunger strike at the facility now in the middle of its third month. to live pictures for you right here as our britain bids goodbye to the country's first and only female prime minister margaret thatcher was a controversial figure even after her death still manages to divi
find out what's really happening to the global economy. there are no holds barred look at the global financial headlines in two kinds a report on. it. klug. the good speech. she gave. her. mother will please. please. please please good. luck. to. get her. out of line i mean very little. battling for supremacy venezuela's new president elect nicolas maduro and his opposition rival look caught in a deadlock of mutual accusations as post election violence leaves at least seven people dead. and no...
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find out what's really happening to the global economy cars reports on. this land. conflict. has changed. a modern islamic nation. and a peaceful one islam is first of course secular law a second. fashion. and still. in place. and. traditions still and mando cannot go on the catwalk in a swimsuit. republican country. we are facing a lot of problems. because no one thought to drink no good school. minutes. what's not shown up is a law in the local needs you might want to community l.n.g. most will be used. you've just done for match up artist i was fights about how much fights. fights. are right. little bit. of both of you know. i loathe. goodspeed. you. wish. me luck good. luck. and. come out fine i'm a better little. venezuela's election kind so the grease of partially awarded presidential vote results just before nicholas is sworn in plus.
find out what's really happening to the global economy cars reports on. this land. conflict. has changed. a modern islamic nation. and a peaceful one islam is first of course secular law a second. fashion. and still. in place. and. traditions still and mando cannot go on the catwalk in a swimsuit. republican country. we are facing a lot of problems. because no one thought to drink no good school. minutes. what's not shown up is a law in the local needs you might want to community l.n.g. most...
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find out what's really happening to the global economy in the kinds of reports on. the mission free accreditation free in-store charge is free. range means free risk free studio time free. download free broadcast quality video for your media projects and free media. dot com. which. we can with. the consensus can. choose the opinions that you. choose the stories that impact your life choose the access to. plus. plus live. live live. live . the government international airport in the very heart of moscow. bottling for supremacy venezuela's new president elect nicolas maduro and his opposition rival of course in a deadlock over mutual accusations as post-election violence leaves at least seven dead. but claims of responsibility for the boston bombing atrocity i think best to gauge as a race to unravel the worst terror attack in the u.s. since nine eleven which came despite years of heightened security. the u.s. military reveals to detainees at guantanamo bay recently trying to kill themselves in protest at indefinite detention with a mass hunger strike at the facility
find out what's really happening to the global economy in the kinds of reports on. the mission free accreditation free in-store charge is free. range means free risk free studio time free. download free broadcast quality video for your media projects and free media. dot com. which. we can with. the consensus can. choose the opinions that you. choose the stories that impact your life choose the access to. plus. plus live. live live. live . the government international airport in the very heart...
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and the world turned a page in terms of the spread of democracy and market economy some of the world and today we have only about one quarter of the human race in countries that are poor countries using the un definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that is the role that mr thatcher played in allowing his spouse to be the great leader that she was today with women taking their place to do that wherever it may be out or down to the extent that had just been you know had i jump in now and i don't you can say i last hated loud had to go to anyone that had been soliciting enough opinions in their writing. and some other point made you comment on the whole it is it is that each each of the spouse each partner to a marriage enables and allows the other traditionally the women has so fla slee allowed the man to attain their place but this has to be equal
and the world turned a page in terms of the spread of democracy and market economy some of the world and today we have only about one quarter of the human race in countries that are poor countries using the un definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that is...
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Apr 17, 2013
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wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." ♪
wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." ♪
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on. the world including. science technology innovation all the latest developments from around russia we've got the future covered potentially deadly blizzard taking aim for the northeast it's expected to hit stunning in a few hours from new york to maine we have team coverage of the storm. but we're watching is the very heavy snow moving into boston proper earlier today it was very sticky you can see it start to become much more powdery down the line there's still a lot of snow out here a good place for snowball fight this. case and it is going to pretty incredible day there and even record snowfall throughout what's been like nobody's like me driving lessons some emergency vehicles are exceptional. the international airport in the very heart of moscow. welcome back to cross talk where all things are considered on peter lavelle to remind you we're discussing margaret thatcher's legacy. matthew fingal back to you why were so many
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on. the world including. science technology innovation all the latest developments from around russia we've got the future covered potentially deadly blizzard taking aim for the northeast it's expected to hit stunning in a few hours from new york to maine we have team coverage of the storm. but we're watching is the very heavy snow moving...
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of human rights they would like their view of a liberal democracy they would like their view of how economy should be run by the rest of the world it's up to the rest of the world to respond in the vast majority of cases the rest of the world has a different point of view and therefore. the americans can articulate their view and the rest of the world will. and there's really no meeting of the parties at all the trial of russia's top opposition activists and of all me has caused demonstrators to take to the streets as many as fifteen hundred people rallied in support of the anti corruption blog of all these trial was adjourned for a week after record session hit off the central russian city also became seen to demonstrations in support of and against the prominent opposition figure he's accused of taking half a million dollars from state run to become his eyes nearly four years ago he had to corruption blogger insists however that the case against him is politically motivated. yeah well go to our website to get more comprehensive coverage all know that story and all of the others you're see
of human rights they would like their view of a liberal democracy they would like their view of how economy should be run by the rest of the world it's up to the rest of the world to respond in the vast majority of cases the rest of the world has a different point of view and therefore. the americans can articulate their view and the rest of the world will. and there's really no meeting of the parties at all the trial of russia's top opposition activists and of all me has caused demonstrators...
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find out what's really happening to the global economy. headlines kaiser reports. international airport in the very heart of moscow. hello and welcome to cross talk where all things considered i'm peter lavelle she was known as the iron lady probably the only thing fatter critics and supporters could agree upon margaret thatcher is arguably the most polarizing leader the world has known in the last half century and her legacy remains hotly debated to this day how did she change the way we think about politics and achieve the world a better place. to cross-talk margaret thatcher's legacy i'm joined by matthew melky or in washington he is a fellow at the competitive enterprise institute and a regular contributor to open market dot org also in washington we have clifford these he is a professor of economics and finance and shenandoah university and in london we crossed the felicity gary she is an international criminal barrister and media commentator on cross talk rules in effect i mean you can jump any time you want felicity what is the lasting legacy of her she's bu
find out what's really happening to the global economy. headlines kaiser reports. international airport in the very heart of moscow. hello and welcome to cross talk where all things considered i'm peter lavelle she was known as the iron lady probably the only thing fatter critics and supporters could agree upon margaret thatcher is arguably the most polarizing leader the world has known in the last half century and her legacy remains hotly debated to this day how did she change the way we think...
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scandals find out what's really happening to the global economy cars are for a no holds barred look at the global financial headlines tune in to kaiser report on our. mission free accreditation free transport charges free. range humans free risk free studio time free. old free broadcast quality video for your media projects a free media. dot com. a clear image of iraq story facing and twenty day taxi trip through the country. the roads full of dangerous. clear evidence from north to south. the roots of iraqi tragedy. after the war waiting for peace. talks e l r t. the international airport in the very heart of moscow. welcome back to cross talk where all things are considered i'm peter lavelle to remind you we're discussing margaret thatcher's legacy. matthew fingal back to you why were so many people partying after that or is death in britain kind of an odd thing to do. i think this this is very wrong headed and distasteful but why despite the why the vote right. despite despite the partying i don't think that's representative at all of of the people that brit's at the time especially
scandals find out what's really happening to the global economy cars are for a no holds barred look at the global financial headlines tune in to kaiser report on our. mission free accreditation free transport charges free. range humans free risk free studio time free. old free broadcast quality video for your media projects a free media. dot com. a clear image of iraq story facing and twenty day taxi trip through the country. the roads full of dangerous. clear evidence from north to south. the...
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and the world turned a page in terms of the spread of democracy and market economy sort of the world and today we have only about one quarter of the human race in countries that are poor countries using the un definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that is the role that mr thatcher played in allowing his spouse to be the great leader that she was today with women taking their place to that wherever it may be out or down to the extent that had just been you know had i jump in now and i don't you see i'd ask a loud table going to look i've been soliciting enough opinions in the writing. some other point you can bet on the whole it is it is that each each of the spouse each partner to a marriage enables and allows the other traditionally the women has so flawlessly allowed the man to attain their place but this has to be equal and men's liberation an
and the world turned a page in terms of the spread of democracy and market economy sort of the world and today we have only about one quarter of the human race in countries that are poor countries using the un definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that is...
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and other economies it sounds like you are in favor of money printing. is there. good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things there's austerity there is you know there's the fiscal side the monetary side under the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case that you have in europe but if you do really you shouldn't have policies there's really no reason to target the deficit the deficit is the outcome really what you should be targeting is is growth and you should be looking to to smooth out over this cycle to have some sort of a policy that allows you to have maximum plummet at all times and the deficit will be lower as a result of that if you have the appropriate tax policy let me let me jump in for a second because i understand you're saying that you've got three avenues to pursue and different countries would require differe
and other economies it sounds like you are in favor of money printing. is there. good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things there's austerity there is you know there's the fiscal side the monetary side under the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case...
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Apr 17, 2013
04/13
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economy is already in the south. if you will, and we don't show many signs of coming back, because of very bad policies coming out of washington. i mean, these things should be-- we should be lowering tax rates and broadening the tax base and controlling spending where it should be controlled and having free trade, minimal regulations, but we're going in the wrong direction, stuart. i think you're right. >> what about that question about everybody printing money? well, they are, we know that, but, i don't think it's working this time around. it's just not, you know, juicing the stock market like it used to. >> i don't think it used to so i agree with you totally. you can't push on a string and they have been trying to push on a string and if you look at it this is the single worst u.s. recovery in history and obviously, it's the largest single monetary expansion in history. and obviously, they don't work, they just don't work and he's grasping at straws and god knows what type of real problems we'll have down the roa
economy is already in the south. if you will, and we don't show many signs of coming back, because of very bad policies coming out of washington. i mean, these things should be-- we should be lowering tax rates and broadening the tax base and controlling spending where it should be controlled and having free trade, minimal regulations, but we're going in the wrong direction, stuart. i think you're right. >> what about that question about everybody printing money? well, they are, we know...
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Apr 21, 2013
04/13
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it has made the uk economy it very risky sector. would people want to go back to the old-fashioned days when there were a few sleepy stockbrokers collecting fees from duchesses to trade their shares and a few merchant banks having long lunches and not much else? i do not think people would want to go back to that. what she shook up was not really worth saving. within that there were specific things. ing thense, the buccaneer an finance and the stable side of finance. in a sense she removed the barrier and let them do it all. that has been tremendously volatile. we saw that in 2008. as with so many things about margaret thatcher, would people really want to go back to what came before them? i do not think they would. host: battle creek, michigan. caller: i was wondering if the same thing has happened in britain that has happened in the united states. , and "reagan, thatcher deregulation" -- at this point, we are suffering from deindustrialization. a few good paying manufacturing jobs for middle- class people. my mobilearound, device,
it has made the uk economy it very risky sector. would people want to go back to the old-fashioned days when there were a few sleepy stockbrokers collecting fees from duchesses to trade their shares and a few merchant banks having long lunches and not much else? i do not think people would want to go back to that. what she shook up was not really worth saving. within that there were specific things. ing thense, the buccaneer an finance and the stable side of finance. in a sense she removed the...
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but if we meet in the middle we can do a lot of good for america and for our economy. and so we're feeling very good about this, things are moving in a very, very good way, and the president's support of our proposal, even though he wouldn't fully agree with it is just the right place to be. because we want lots of support even from people who might not agree with every single part. but i don't want to give you the impression he's grudging about it. he's enthusiastic about us getting a bill done. as i said before, has been playing it just right. moving us forward but giving us the space to come up with our greement. i thanked him, john thanked him for doing that. he's going to continue to do that so we can get a done. >> we briefed a president on the number of detail of our proposal that the gang of eight is coming up with. we will be bringing forward in the united states senate as short of time as this evening. the president is supportive in the process we went through. and the president having been in the senate and seen this process before is very supportive. the pr
but if we meet in the middle we can do a lot of good for america and for our economy. and so we're feeling very good about this, things are moving in a very, very good way, and the president's support of our proposal, even though he wouldn't fully agree with it is just the right place to be. because we want lots of support even from people who might not agree with every single part. but i don't want to give you the impression he's grudging about it. he's enthusiastic about us getting a bill...
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find out what's really happening to the global economy with mike stronger no holds barred look at the global financial headlines tune into khan's report on r g. international and in the very heart of moscow. i welcome to the kaiser report i'm max kaiser last week a group of men using kolesnik often smoke bomb stole ten million euros worth of cash and gold from a van and italy also in the past week several hundred tons of gold were stolen from investment portfolios using a whole lot of paper collision a cost and just a little bit of innuendo innuendo face stays ever yes max there was a fact of some golden cash in italy of course it was on its way to switzerland but in the markets the innuendo was of course that ben bernanke he was going to stop his quantitative easing and also cyprus what was about cyprus here's a quote from dennis gartman in his latest newsletter he said if cyprus is force. to sell gold then portugal shall be to otherwise the discrimination against cyprus shall be wholly unwarranted and utterly unfair and if portugal is forced to sell then how can italy avoid the same
find out what's really happening to the global economy with mike stronger no holds barred look at the global financial headlines tune into khan's report on r g. international and in the very heart of moscow. i welcome to the kaiser report i'm max kaiser last week a group of men using kolesnik often smoke bomb stole ten million euros worth of cash and gold from a van and italy also in the past week several hundred tons of gold were stolen from investment portfolios using a whole lot of paper...
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. >> major funding for the pbs wshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
. >> major funding for the pbs wshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation...
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and the world turned a page in terms of the spread of democracy and a market economy sort of the world and today we have only about one quarter of the human race in countries that are poor countries using the u.n. definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that is the role that mr thatcher played in allowing his spouse to be the great leader that she was today with women taking their places to do that wherever it may be out or down to the extent that i had just been you know had i jump in now and i don't you can say i last had a loud title going and what i had so that a not opinions in the writing. some other points made you comment on that also it is it is that each each of the spouse each partner to a marriage enables and allows the other traditionally the women has so flawlessly allowed the man to attain their place but this has to be equal and men's
and the world turned a page in terms of the spread of democracy and a market economy sort of the world and today we have only about one quarter of the human race in countries that are poor countries using the u.n. definition the world's greatest advance in against poverty in the last forty years so yes margaret thatcher in that panoply of leaders that we enjoyed at that time and we need leadership today we are lacking leadership and then let me also give another instance of leadership and that...
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the issue is that we raised expectations and those expectations will have to be met with an economy that will support adequate jobs. >> as we look towards the end of 2014 is there a detailed transition plan with the state department and with u.s. a.i.d. for many of the projects that much begun and many that are on the books, where do those projects go as we look forward? >> senator, it is a very detailed transition process. we established a headquarters joust to oversee transition. we're completely overlinked with the a.i.d. and u.s. state department. not only do we have a broad transition plan from every task and we've taken that down to a handful of tasks that still remain to be worked out but every project that's out there right now will have a detailed transition plan as well. >> you mentioned before about security zones in the country, areas that are safer than others. as you look forward to the next year and into 2014, what are the things that you're most concerned about that could go wrong? >> we're going to transition the final tranche of areas over to the afghans here this summe
the issue is that we raised expectations and those expectations will have to be met with an economy that will support adequate jobs. >> as we look towards the end of 2014 is there a detailed transition plan with the state department and with u.s. a.i.d. for many of the projects that much begun and many that are on the books, where do those projects go as we look forward? >> senator, it is a very detailed transition process. we established a headquarters joust to oversee transition....
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stay with us. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> happening now, severe storms and a serious threat of tornadoes. let's get straight to jennifer delgado live in the cnn weather center with the details this morning. good morning, jennifer. >> good morning, christine. we're already dealing with thunderstorms right now on the radar with a lot of lightning spreading into parts of the midwest. over towards part of the ohio valley. today the real action really kicks in, especially as we get into the afternoon and the evening hours, because we have cold air to the west, warm, moist air to the south. well, this is going to be the fuel for severe storms. anywhere you see in yellow from chicago all the way down towards parts of texas. this is our slight risk category. anywhere in the red shading, that includes a chance for severe storms. you're talking about a moderate risk. we're talking many of these areas could see some damaging winds, as well as isolated tornadoes. what is causing thi
stay with us. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> happening now, severe storms and a serious threat of tornadoes. let's get straight to jennifer delgado live in the cnn weather center with the details this morning. good morning, jennifer. >> good morning, christine. we're already dealing with thunderstorms right now on the radar with a lot of lightning spreading into parts of the midwest....
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Apr 18, 2013
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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "nightly business report." >> the dow falls sharply after yesterday's big move higher. we'll move beyond the volatility and get investment strategy for the long term. >> low rate? who wins and loses with interest rates at record-low levels. >> an art gallery bust.
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the...
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and other economies it sound like you are in favor of money frank thank. you. i do have good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things this austerity there is you know there's a fiscal side the monetary side and the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case that you have in europe but if you do really you shouldn't have policies there's really no reason to target the deficit the deficit is the outcome really what you should be targeting is is growth and you should be looking to to smooth out over this cycle to have some sort of a policy that allows you to have maximum plummet at all times and the deficit will be lower as a result of that if you have the appropriate tax policy i let me let me jump in for a second because i understand you're saying that you've got three avenues to pursue and different countries would require di
and other economies it sound like you are in favor of money frank thank. you. i do have good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things this austerity there is you know there's a fiscal side the monetary side and the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case...
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and other economies it sounds like you are in favor of money frank thanks so is there. good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things this austerity there is you know there's a fiscal side the monetary side and the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case that you have in europe but if you do really you shouldn't have policies there's really no reason to target the deficit the deficit is the outcome really what you should be targeting is is growth and you should be looking to to smooth out over this cycle to have some sort of a policy that allows you to have maximum plummet at all times and the deficit will be lower as a result of that if you have the appropriate tax policy let me let me jump in for a second because i understand you're saying that you've got three avenues to pursue and different countries would require different pres
and other economies it sounds like you are in favor of money frank thanks so is there. good does it because what's good for the goose is good for the gander or what's going on here as i was saying you know there are three different things this austerity there is you know there's a fiscal side the monetary side and the fiscal reforms my belief in terms of the fiscal side is basically that it especially if you have a if you if you if currency that's not convertible which is not really the case...
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now, you couple that with what's the emerging market economies represent today in the world economies, which is a third, and it will be half the world economy in five years. >> and you can see this is a major theme. you guys have highlighted several companies from inbev to nestle that are ways to play it the.but i wonder, fen, even if you buy it long-term, wa do you do when you have a nestle market. >> nestle is a neutral rated stock at our fist. that's why nestle india is a accelerated stock. but the food producers in brazil, it's a buy rated stock and it's the way to play it. even on the fertilizer angle, we don't cover syngenta. we cover other companies that do fertilizers, the feeding and the agra technology, which is helpful to extract more from the existing land that has very little potential to grow. >> were there any other surprising ways you can play the theme without necessarily buying some of the foodmakers? >> for me, the most exciting opportunity here, and it's large and in size, the top ten producers sell roughly $40 billion. the top ten food retailers in the world sell
now, you couple that with what's the emerging market economies represent today in the world economies, which is a third, and it will be half the world economy in five years. >> and you can see this is a major theme. you guys have highlighted several companies from inbev to nestle that are ways to play it the.but i wonder, fen, even if you buy it long-term, wa do you do when you have a nestle market. >> nestle is a neutral rated stock at our fist. that's why nestle india is a...
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we're in a slow economy. the slower the economy, the bigger the credit book and bigger the share buybacks have in driving stock prices higher over time. >> you're calling this voodoo. there's a powerful force between buybacks and money from pension funds will continue and that's why as you indicated earlier looking at the sell-off in gold and what it has done to takeout equities and say if anything it's a buying opportunity. >> it is voodoo finance driven by financial engineering. that will drive stock prices higher over th years because we're in a credit boom. credit booms always end and they end badly. they probably won't end for two to five years and that's longer than most analysts think this cycle is going to last. it's going to drag stock prices up but if you're a long-term investor, you can't own stocks. you can only rent them. >> does that mean it ends badly for china here too. we've seen so much focus in the news today on the local government debt levels. any way they avoid a similar crash outcome? >
we're in a slow economy. the slower the economy, the bigger the credit book and bigger the share buybacks have in driving stock prices higher over time. >> you're calling this voodoo. there's a powerful force between buybacks and money from pension funds will continue and that's why as you indicated earlier looking at the sell-off in gold and what it has done to takeout equities and say if anything it's a buying opportunity. >> it is voodoo finance driven by financial engineering....
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our economy. when ronald reagan was president of the u.s., our revenues were about 20% of our economy. today, revenues are about 60% of our economy, and spending is well over -- revenues are about 16% of our economy and spending as well over 20% cured you are right, we spend too much. we have not really dealt with it as aggressively as we need to on the mandatory side. what we need to also is recognize that we spend $1.2 trillion every year on what we call tax expenditures. these are tax breaks that some taxpayers get, but not all. if you happen to be in a particular field, let's say on energy field, and you might be getting some help from the government on the spending side but you are also getting help from the government on the tax side. why should both be scrutinized? we are not doing that today. when we talk about bringing more revenue and, it is by ,liminating loopholes exemptions, special breaks that people get in our tax codes that are no longer warranted. we want to get revenue back up to
our economy. when ronald reagan was president of the u.s., our revenues were about 20% of our economy. today, revenues are about 60% of our economy, and spending is well over -- revenues are about 16% of our economy and spending as well over 20% cured you are right, we spend too much. we have not really dealt with it as aggressively as we need to on the mandatory side. what we need to also is recognize that we spend $1.2 trillion every year on what we call tax expenditures. these are tax breaks...
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but if we meet in the middle, can do a lot of good for and for our economy. and so we're feeling very good about this. things are moving in a very, very good way. and the president's support of our proposal, even though he wouldn't fully agree with it, it's just the right place to be, because we want lots of support even from people who agree with every single part. i don't want to give you the impression he is grudging about it. he is enthusiastic about us getting a bill done and as i have said before, playing it just right. moving us forward, but giving us the space to come up with our agreement. and i thanked him and john thanked him for doing that and he is going to continue to do that so we can get a bill done. >> we briefed the president on a number of details, our proposal that the gang of eight is coming up that we will be bringing forward in the united states senate in as short a time as this evening. the president is supportive of the process we went through. the president having been in the senate and having seen this process before is very support
but if we meet in the middle, can do a lot of good for and for our economy. and so we're feeling very good about this. things are moving in a very, very good way. and the president's support of our proposal, even though he wouldn't fully agree with it, it's just the right place to be, because we want lots of support even from people who agree with every single part. i don't want to give you the impression he is grudging about it. he is enthusiastic about us getting a bill done and as i have...
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so it won't be a drain in the economy. and one of the big parts of e plan for people who want to gain the provision ltatuis baey will have to pay back some taxes if they were employed under the table in the u.s. host: we see a headline in the "washington times." one member of congress is saying that the president should step aside on reforng iigti. this key democrat says it's congr's rn. and you can hear more on the quote of the interview on "newsmakers." part of that will be on sunday here on c-span, 10:00 a.m. eastern time and 6:00 p.m. let's go to niagara falls, new york and here from levon, a democrat. caller: hello. i don't appreciate the fact that it's not just me, but it's just my family and i. we come from a long struggle. we come from long striving to be better citizens of america. struggling with education and getting in school, grants and we actually -- i'm an accomplished man of cdia ow did my fe gindon't undersnd shambles behind my stolen bills while i work on bills. host: what does this have to do with immigr
so it won't be a drain in the economy. and one of the big parts of e plan for people who want to gain the provision ltatuis baey will have to pay back some taxes if they were employed under the table in the u.s. host: we see a headline in the "washington times." one member of congress is saying that the president should step aside on reforng iigti. this key democrat says it's congr's rn. and you can hear more on the quote of the interview on "newsmakers." part of that will...
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economy? >> no, i think it's the same slow growth we've been seeing basically for the last two years, becky. >> but there's not the spring swoon that some people have worried about. we've worried about that with the jobs numbers we've been getting recently. >> we're not seeing that in our movements on the railroad. >> wow. if you look at the rest of the year, you think it's going to continue to be chemicals, some of the biggest drivers? >> i think chemicals, i think later in the year as the new crop comes in, agricultural pick-up. we expect automotive to be strong throughout the year. so overall, we expect whatever gdp we will grow at a faster rate than that. >> all right. michael, congratulations on the earnings, and thank you very much for joining us. >> thank you. >>> and coming up, the first images of the bomb used in monday's terror attack in boston. the pieces could provide critical information in the investigation. we'll get an update from boston. remember that atlanta bombing was 1996.
economy? >> no, i think it's the same slow growth we've been seeing basically for the last two years, becky. >> but there's not the spring swoon that some people have worried about. we've worried about that with the jobs numbers we've been getting recently. >> we're not seeing that in our movements on the railroad. >> wow. if you look at the rest of the year, you think it's going to continue to be chemicals, some of the biggest drivers? >> i think chemicals, i...
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it is an indication of -- of -- of a stronger economy. if somebody told me we would have a 5% correction i would say look at that as an opportunity to get into the market. >> which is basically what you just said, jonathan, right? >> yeah, i do think larry is perhaps a lit totle too optimis. cull pans are beating the quarter and missing revenue estimates. if you take out financials because of special, some things are specific to their sector, you really are seeing negative earnings growth not compared to prior quarter but a year ago. things are weak. domestic companies doing much better than companies with big global footprints. >> what are you expecting from the week ahead? more heavy earnings numbers coming out. brig group of companies. and the gdp end of the week. >> i think actually for the reason. a lot more chop in the market. a lot of two way action. company specific. i think we have to get a little bit of clarity on whether companies feel this is just a little rough patch. we are going to pick up on the back end. there is an inter
it is an indication of -- of -- of a stronger economy. if somebody told me we would have a 5% correction i would say look at that as an opportunity to get into the market. >> which is basically what you just said, jonathan, right? >> yeah, i do think larry is perhaps a lit totle too optimis. cull pans are beating the quarter and missing revenue estimates. if you take out financials because of special, some things are specific to their sector, you really are seeing negative earnings...
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investors on an all right low economy. monday's sell off was the worst day for sell offs in five months. gold too is bouncing back after pushing it's biggest drop in dollar terms. wall street will be focused on data that we are getting this morning. housing starts and industrial production along with earnings. yesterday the dow fell 265 points and the nasdaq lost 78 to close at 2,316. the futures are pointing to a higher open. back to you. >> if you are looking for ways to help the people of boston keep an eye out for scams. less than an hour after the explosions a susprecioicious tw account. twitter shut down at underscore boston marathon. websites have been set up and if you see anything spuspicious le us know on our facebook page. >> they are trying to figure out who planned those devices. chris is in boston for us with the latest. the race came to a violent end. two explosions near the finish line about 12 seconds and 100 yards apart sent runners for safety. the runners were going the other way. they were people runnin
investors on an all right low economy. monday's sell off was the worst day for sell offs in five months. gold too is bouncing back after pushing it's biggest drop in dollar terms. wall street will be focused on data that we are getting this morning. housing starts and industrial production along with earnings. yesterday the dow fell 265 points and the nasdaq lost 78 to close at 2,316. the futures are pointing to a higher open. back to you. >> if you are looking for ways to help the people...
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ramming some growth and some kind of recovery, we have an incredibly resilient economy. highly of gennaro, and we should be doing better if. what is discouraging is that almost all is caused by poor government picy. we have consistently done the wrong thing off. lou: macroeconomics here, but of like to get your sense of what could be done right now by this president, the fiscal policy to pursue, if that is, indeed, the course, to start generating jobs and start generating economic growth and reducing debt and deficits that are contemporaously. >> well, i think the first thing that they could do is have a really serious plan about reducing government expenditures as a percentage of gdp. taxes mater, inflation matters, but the truth is, whe government is spending too much of the auto production and the economic system the growth rate declines and this is throughout the world history. so are really serious plan to reduce government expenditures uld create a lot of confidence in the business trinity. secondly, he's a rollback the azy onslaught of regulations across every ind
ramming some growth and some kind of recovery, we have an incredibly resilient economy. highly of gennaro, and we should be doing better if. what is discouraging is that almost all is caused by poor government picy. we have consistently done the wrong thing off. lou: macroeconomics here, but of like to get your sense of what could be done right now by this president, the fiscal policy to pursue, if that is, indeed, the course, to start generating jobs and start generating economic growth and...
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he we live in a very fluid economy, mr. speaker. folks can locate their business anywhere on the planet they want to. they don't have to come to america. why is it that america's not the magnet for capital around the globe? why do we have the absolute worst tax code in terms of rates in ted of the best? that's what i want to talk about because it's one of those areas of agreement, mr. speaker. this is a quote from president barack obama, 2011 state of the union address. he says, to put us on solid ground we should also find a bipartisan solution to strengthen social security for future generations. i mention social security, mr. speaker, because the fair tax, that bill, h.r. 25, most widely co-sponsored bill in the u.s. house of representatives of fundamental tax reform, replaces income taxes and the payroll taxes, payroll taxes, that 15.3% comes out ofer american's paycheck in order to fund social security and medicare, it replaces both of those with this 23% sales tax. replaces all your income tax, payroll taxes with a sales tax.
he we live in a very fluid economy, mr. speaker. folks can locate their business anywhere on the planet they want to. they don't have to come to america. why is it that america's not the magnet for capital around the globe? why do we have the absolute worst tax code in terms of rates in ted of the best? that's what i want to talk about because it's one of those areas of agreement, mr. speaker. this is a quote from president barack obama, 2011 state of the union address. he says, to put us on...